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greece is the shape the color weekly israelis are explained pretty. tough. abilities know these really turkish relationship what impact does that have on the wider middle east a huge impact huge impact especially you know. so far these arab spring especially the developments in egypt have caused damage especially the israeli egyptian link it doesn't look strong it doesn't look stable anymore without mubarak and israel has lost its closest friend in the region. in the last two three years and since turkey is one of its closest friends so you have to keep there with the normal relations and with the strategic look is now extremely important because the whole middle east is shaking do you think the israeli government learned any lessons from nothing about. this that israel was too prepared really with with. that the fact that it was a very different flotilla this year was a surprise to israel too why do you think turkey did not cooperate with time around i think if you started asking me if greece was a surprise i think it was the big. surprise i'm not su
greece is the shape the color weekly israelis are explained pretty. tough. abilities know these really turkish relationship what impact does that have on the wider middle east a huge impact huge impact especially you know. so far these arab spring especially the developments in egypt have caused damage especially the israeli egyptian link it doesn't look strong it doesn't look stable anymore without mubarak and israel has lost its closest friend in the region. in the last two three years and...
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be it was almost unthinkable to be in the military really with greece but the change was a very dramatic change to a few years ago it will it was almost natural for israel to cry and the response was very positive what's in it for greece but greece is the will shape because of weakly israel is a rich country there is no proof military abilities and no these great turkish relationships what impact does that have on the wider middle east huge impact huge impact especially you know. so for these arab spring especially the developments in egypt have caused damage especially the israeli egyptian link it doesn't look strong it doesn't look stable anymore with barak and israel has lost its closest friend in the region. in the last two three years and sister some of its closest friends so they have to keep their with the normal relations and with the strategic dialogue is no extremely important because the whole middle east is shaking do you think the israeli government learned any lessons from last year's debacle hopelessly israel will still prepared i mean with with and paid the fact that it w
be it was almost unthinkable to be in the military really with greece but the change was a very dramatic change to a few years ago it will it was almost natural for israel to cry and the response was very positive what's in it for greece but greece is the will shape because of weakly israel is a rich country there is no proof military abilities and no these great turkish relationships what impact does that have on the wider middle east huge impact huge impact especially you know. so for these...
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so my first question to you you cover the protests in greece you were there when people in greece reacted to austerity measures you talked about the toll austerity measures have taken on the economy of greece people have suggested these riots in london two or fuelled by economic issues lack of mobility inequality austerity measures do you see a connection between what is going on in greece what's going on in the u.k. and what's happened in europe you know in portugal and other places as well i mean i think there's a new similarity between these riots and the ones that happened in december. because we had a similar sort of situation where we used to get the and murder of a young man from the road what but but in general they're receiving rights across the developed world and the developing room in part of its food rise other parts of it are austerity budget surplus are trying that we seem to see and it's certainly a trend you would expect to see during a bear market and we're truly in eight markets certainly in the west but globally as well and so in some surprise i mean it all it all stem
so my first question to you you cover the protests in greece you were there when people in greece reacted to austerity measures you talked about the toll austerity measures have taken on the economy of greece people have suggested these riots in london two or fuelled by economic issues lack of mobility inequality austerity measures do you see a connection between what is going on in greece what's going on in the u.k. and what's happened in europe you know in portugal and other places as well i...
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is mainly because of this arab spring developments and maybe also because israel and greece and israel and cyprus are building this friendship i think it annoys. especially because of the findings because the rest of the lower money in becoming the. hard and now that israel might explode piers it's very important for the people that didn't go through a lot in cyprus so i think the other way around i think the israel developed the ties with greece in cyprus to the level of alliance. is part of the change you know but oh well league. this is my interpret. report is not unlikely to charge israelis with using excessive force and do you think that this will change the way the israeli army operates in future differently in the israeli army took it very seriously israel is very vulnerable internationally on this issue. not only because of the last years israel. two three the creates the cities bombarded cities in one brotherhood the rule it will bother. him the issue for the i.d.f. israeli defense forces using for success is when it is almost a chronic problem of the army and of the state of
is mainly because of this arab spring developments and maybe also because israel and greece and israel and cyprus are building this friendship i think it annoys. especially because of the findings because the rest of the lower money in becoming the. hard and now that israel might explode piers it's very important for the people that didn't go through a lot in cyprus so i think the other way around i think the israel developed the ties with greece in cyprus to the level of alliance. is part of...
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point of view it was almost unthinkable to build the military link with greece but with the change was a very dramatic change to another few years ago it will it was almost letter and for israel to cry and the response was very positive what's in it for greece chris is to shape a corner weekly israel is a rich country. with military abilities and no these really cared less relationship what impact does that have on the wider middle east huge impact huge impact especially you know. so for these arab spring especially the developments in egypt have caused damage especially the israeli egyptian link it doesn't look strong it doesn't look stable anymore without mubarak and israel has lost its closest friend in the region. in the last two three years of sr its closest friend so. with the normal relations and with the strategic dialogue is no extremely important because the whole middle east is shaking these people israeli government learned any lessons from last just about this israel was to prepared i mean with with in effect the it was a very different flotilla this year was a surprise to
point of view it was almost unthinkable to build the military link with greece but with the change was a very dramatic change to another few years ago it will it was almost letter and for israel to cry and the response was very positive what's in it for greece chris is to shape a corner weekly israel is a rich country. with military abilities and no these really cared less relationship what impact does that have on the wider middle east huge impact huge impact especially you know. so for these...
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over its mounting debt problems sparking concerns it could be on the path to greece stalled by. supporters and opponents of hosni mubarak clashed fatally outside according caro where the deposed an ailing president of egypt faces trial. the charges of conspiring in killings of almost eight hundred fifty people something that categorically denied the cookie of the target from the would be kept a catholic unit. also reporting this our divisions in the u.n. security council western countries pressed for an outright condemnation of the syrian government for violence russia says that could damage the road to peace and calls for more. international news in comment this is r.t. live in moscow just on a.p.m. in the russian capital good to have you with us this beleaguered europe is caught in stormy seas once again as italy has held crisis talks with the e.u. over its surging borrowing costs and countries have reached their highest level since the euro was adopted prime minister silvio berlusconi has stopped short of asking for a bailout well let's get more now from europe correspondent
over its mounting debt problems sparking concerns it could be on the path to greece stalled by. supporters and opponents of hosni mubarak clashed fatally outside according caro where the deposed an ailing president of egypt faces trial. the charges of conspiring in killings of almost eight hundred fifty people something that categorically denied the cookie of the target from the would be kept a catholic unit. also reporting this our divisions in the u.n. security council western countries...
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we have a fundamentally different monetary system than various greece doesn't control its own currency they're suddenly borrowing in someone else's currency they have to build up a surplus and then pay it back we have a fundamentally different system than that and to compare us to greece or ireland or any other turn the comparison is just wrong and i think look this is something that politicians freak out about and. the other guys said all the sudden it's become a political issue but if you actually i look at the market i look at what the market is reacting to america's debt and everything is knowing that all the math is known and everyone's for it out of our banker but the market doesn't seem to care and is not concerned so i really tend to think the issue is mainly a lot of hype ok if i go back to martin i mean the market of the the market didn't isn't particularly concerned by it but it seems to me when everything gets goes sour the markets are the ones that are saved the bankers the ones that are saving mean if there is a crisis they're going to come out on top like they did in the
we have a fundamentally different monetary system than various greece doesn't control its own currency they're suddenly borrowing in someone else's currency they have to build up a surplus and then pay it back we have a fundamentally different system than that and to compare us to greece or ireland or any other turn the comparison is just wrong and i think look this is something that politicians freak out about and. the other guys said all the sudden it's become a political issue but if you...
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quite like greece it's not people don't necessarily think. it's. the interest rates that have been used it's only could be expected to repay its debts i want to happen it's a relatively thin trade i think and. this sort of paranoia sets in and they're pushing this with a great amount of debt the city has to. yes some sort of bailout well that's what's worrying is now here you can see something that's what's worrying is. italy's debt it's really quite significant when you compare it to the debt ridden country so could actually afford to bail it out. that is that is the issue i don't think that the i think you know even if the whole possibly could i don't think politically that would be possible in terms of the german taxpayer you read the german tabloids where you look at the average german in the street and it's you know they were keen on bailing out greece certainly not going to be you know bailing out its cities so i think you know it's going to be don't think that americans coalition sort of house the the political capability to do that talking
quite like greece it's not people don't necessarily think. it's. the interest rates that have been used it's only could be expected to repay its debts i want to happen it's a relatively thin trade i think and. this sort of paranoia sets in and they're pushing this with a great amount of debt the city has to. yes some sort of bailout well that's what's worrying is now here you can see something that's what's worrying is. italy's debt it's really quite significant when you compare it to the debt...
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estimated by most analysts that greek greece will have to do it basically and some form of default or debt restructuring or very very high inflation in respect of currency to bed really out of this step so we say stay out of the u.s. dollar stay out of any form of medium to long term u.s. treasuries but by the way also eurozone doesn't look better again so the rest we are very optimistic on it ok jeffrey in cambridge i'm going to you is that too bleak of a picture there i mean cut the past the point of no return i should morning sir. well absolutely not and i'm not sure i heard that right there is there's no chance we're going to have a restructuring of the debt i mean we have a very serious long term debt problem we've had it for quite a while it's on its long term in two ways one that the problem is the deficits the moment the problem is the retirements and the rapidly increase in. health spending medicare and social security that are going to come over the next few decades that's the problem it's also long term in the sense that we we've been facing this problem for thirty years ma
estimated by most analysts that greek greece will have to do it basically and some form of default or debt restructuring or very very high inflation in respect of currency to bed really out of this step so we say stay out of the u.s. dollar stay out of any form of medium to long term u.s. treasuries but by the way also eurozone doesn't look better again so the rest we are very optimistic on it ok jeffrey in cambridge i'm going to you is that too bleak of a picture there i mean cut the past the...
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can greece which was the problem is the start of this in greece because you see hillary clinton and obama finally decided that they have no influence on netanyahu i mean they could tell the nationality please don't shoot a piece americans alice walker new york times correspondent please don't shoot him up and netanyahu do what he always does thumb his nose at the president say we're going to build settlements we're going to let these people try to break our blockade we're going to deal with them just like we did last year or so of us do us need to really heavily on the greeks so please don't let him go don't let him out of port kick the greeks a sea faring nation so so wasn't israel but leaned on greece it was more the united states we mean on greece that's my analysis because israel doesn't have that kind of doesn't have a kind of which in greece they have more than before but it was the u.s. that said look you guys are really good shape economically you know bailout guess what this is a team favre we had a right we had at the i.m.f. you want to be want to be favorable to you at least yo
can greece which was the problem is the start of this in greece because you see hillary clinton and obama finally decided that they have no influence on netanyahu i mean they could tell the nationality please don't shoot a piece americans alice walker new york times correspondent please don't shoot him up and netanyahu do what he always does thumb his nose at the president say we're going to build settlements we're going to let these people try to break our blockade we're going to deal with...
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the rioting in greece shook greece from the country's economic crisis were felt across the european union shaken international markets worldwide. i while parts of europe have been teetering on the edge of economic abyss poland has remained stable in the storm along with this currency. there is a widespread belief in the country that being outside the euro has helped keep poland well out of trouble. if we were part of the eurozone and we would have been obliged to help countries like greece and portugal help out someone else without solving our own problems it's almost guaranteed that prices would go up and join the euro zone which would damage my business recent opinion polls suggest that more than sixty percent of balls want to keep their own currency a dramatic turnaround from just a few years back a few years ago the euro was seen as the euro club was seen as something very exclusive polls aspired to that they wanted a country that. now the name of the euro has been sought. by the troubles in greece and italy polls don't want to be dragged into this crisis if the government forced the
the rioting in greece shook greece from the country's economic crisis were felt across the european union shaken international markets worldwide. i while parts of europe have been teetering on the edge of economic abyss poland has remained stable in the storm along with this currency. there is a widespread belief in the country that being outside the euro has helped keep poland well out of trouble. if we were part of the eurozone and we would have been obliged to help countries like greece and...
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which means that greece is de facto not. able to pay the bills anymore and secondly we don't have the bailout funds as it is put on the table now which is quite important for the european central bank to be able to continue its present policy of supporting the countries like spain and italy on the bond markets so is this enough facts and economic suicide pill per se first states such as greece any to spare the euro zone the shame of kicking someone out. well everything is done at the moment to indeed arrive at such a situation where it would be like you say rather shameful to accept the exit of the country the first possibility of course being greece but that should not lead there's a strain in terms of what is the real focus or what should be do real focus of the discussion and that is that we don't have the commissions met to have a structurally healthy monetary union and unless we do something about that we will have one crisis country after another the european central bank has been credited with lowering the intensity o
which means that greece is de facto not. able to pay the bills anymore and secondly we don't have the bailout funds as it is put on the table now which is quite important for the european central bank to be able to continue its present policy of supporting the countries like spain and italy on the bond markets so is this enough facts and economic suicide pill per se first states such as greece any to spare the euro zone the shame of kicking someone out. well everything is done at the moment to...
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partners in the global crisis several countries like greece ireland and portugal are on the brink of disaster partly due to a boring binge allowed by your membership and associated low interest rates being outside the euro zone meant to poland could not join the party but now it does not have the hangover poland was meant to have the euro. by next year at the time when the country is co-hosting the twenty twelve european football championship but with the latest developments these plans may be shelved for another four years e.u. rules say poland is obliged to adopt the euro once it meets the economic rules for joining but polish politicians are now much cooler on the idea with ministers saying the eurozone needs to get its house in order first place very important for us. the need for institutional changes. in the euro zone konami governance of euro zone. crisis management we see some need for action in the euro zone before. the target date will be. set up the game has changed and the euro club everyone once wanted to join may now be the invitation no one wants to accept. now to some
partners in the global crisis several countries like greece ireland and portugal are on the brink of disaster partly due to a boring binge allowed by your membership and associated low interest rates being outside the euro zone meant to poland could not join the party but now it does not have the hangover poland was meant to have the euro. by next year at the time when the country is co-hosting the twenty twelve european football championship but with the latest developments these plans may be...
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we should have amputated greece from the euro zone long ago. so the greek drain has started to affect spain as the country prepares for the worst over its credit rating exacerbated by fears over the new european deal to rescue the unstable euro zone so we're reporting on that in a few minutes. and right now we also has a debater's that pilot error led to the polish presidential plane crash in western russia which killed ten then president lech kaczynski and scores of the country's top officials but the government commission still laid part of the blame on russian air controllers but the disaster in april last year. reports now on how a national tragedy has become overtaken by politics. another day another blame game poland's very own probe into last year's presidential plane crash in smolensk all but confirmed the findings of russia's investigation that the crew was almost solely responsible for the tragedy. at this point there is an obstacle a tree that the aircraft collides with a fragment of the left wing is detached the aircraft begins ther
we should have amputated greece from the euro zone long ago. so the greek drain has started to affect spain as the country prepares for the worst over its credit rating exacerbated by fears over the new european deal to rescue the unstable euro zone so we're reporting on that in a few minutes. and right now we also has a debater's that pilot error led to the polish presidential plane crash in western russia which killed ten then president lech kaczynski and scores of the country's top officials...
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because that's my next headline max greece begins fifty billion euro privatization drive so the gun for one of the biggest fire sales in western history was fired as greek officials began appointing advisers for the country's ambitious privatization drive but greece lost its sovereignty and now they are selling the pieces of the corpse and the greek people need to understand that they no longer have a country there's a fire sale at grace they're selling off the family assets family jewels but the greek people are no longer free they now are slaves for the i.m.f. and the global bankers good job greece and here's a great quote after years of resisting privatizations the break neck speed at which athletes has agreed to conduct the sales nearly one in every fifteen days has received that state jewels will be sold at rock bottom prices that was the point that's the point of getting moody's and s. and p. to ground downgrades or that that's the point of paying off a son of the table he's a corrupt world leading slimeball that's the point of having had funds like paulson work with all the.
because that's my next headline max greece begins fifty billion euro privatization drive so the gun for one of the biggest fire sales in western history was fired as greek officials began appointing advisers for the country's ambitious privatization drive but greece lost its sovereignty and now they are selling the pieces of the corpse and the greek people need to understand that they no longer have a country there's a fire sale at grace they're selling off the family assets family jewels but...
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if we were part of the eurozone then we would have been obliged to help out countries like greece and portugal how can we help out someone else without solving our own problems it's almost guaranteed the prices would go up if we join the euro zone which would damage my business recent opinion polls suggest that more than sixty percent of paul's want to keep their own currency i dramatic turnaround from just a few years back a few years ago the euro was seen as a euro club was seen as something very exclusive polls aspired to that they wanted a country control now the name of the euro has been sullied. by the troubles in greece and italy poles don't want to be dragged into this crisis i think government forced the euro issue try to bring poland. could be political suicide poland has fared much better than many of its e.u. partners in the global crisis several countries like greece ireland and portugal are on the brink of disaster partly due to a boring binge allowed by your membership and associated low interest rates being outside the euro zone members poland could not join the party
if we were part of the eurozone then we would have been obliged to help out countries like greece and portugal how can we help out someone else without solving our own problems it's almost guaranteed the prices would go up if we join the euro zone which would damage my business recent opinion polls suggest that more than sixty percent of paul's want to keep their own currency i dramatic turnaround from just a few years back a few years ago the euro was seen as a euro club was seen as something...
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over its mounting debt problems sparking concerns it could be on the path to a greece style. divisions in the u.n. security council western countries press for and. the syrian government the violence russia meantime says that the road to peace is. a very warm welcome to you this is our life from moscow the man who ruled egypt with an iron fist for thirty years is on trial for the february uprising that ousted him from power hosni mubarak is accused of corruption and ordering the killing of some eight hundred forty people that's a charge that carries the death penalty. the reports from outside the court in cairo for. well the judge presiding over the courtroom role that the trial of. jordan sealed aug fifteenth primarily due to health reasons i'm still expected to remain at a military hospital overseen by an m. college if he's. concerned his defense side insists that he is in the. people that's actually preventing him from. buying and i think at the trial i feel its conclusion. that you are slipping in and out of that suffering from. some pretty process but. i wrote people. ba
over its mounting debt problems sparking concerns it could be on the path to a greece style. divisions in the u.n. security council western countries press for and. the syrian government the violence russia meantime says that the road to peace is. a very warm welcome to you this is our life from moscow the man who ruled egypt with an iron fist for thirty years is on trial for the february uprising that ousted him from power hosni mubarak is accused of corruption and ordering the killing of some...
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problems sparking concerns it could be on the path to greece. and supporters and opponents of. the deposed president of egypt faces trial. international news and comment this is. just a midnight here in the russian capital the u.n. security council has issued a statement condemning violence and human rights violations in syria it calls for an end to hostilities and for dialogue between the two sides that says the crackdown on protesters continues there in the country with reports that government tanks have moved deeper into the opposition stronghold city of hama well let's get more now from marty's marina she's live in new york so why did it take the security council so long to come up with a statement on the events that are occurring in syria. well you know a lot of people in media that cover the u.n. always say diplomacy takes time and this was just an example and the reason it took so long as because for a presidential statement to be adopted by the security council all fifteen members the countries sitting around the table need to agree on every single word every part of th
problems sparking concerns it could be on the path to greece. and supporters and opponents of. the deposed president of egypt faces trial. international news and comment this is. just a midnight here in the russian capital the u.n. security council has issued a statement condemning violence and human rights violations in syria it calls for an end to hostilities and for dialogue between the two sides that says the crackdown on protesters continues there in the country with reports that...
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member countries that you council agreed on a rescue action for greece and that was a politically motivated motivated act in my view driven by the fear that the dollar was about to go into freefall the chinese were talking about the. disinvesting from dollar assets u.s. treasuries and so forth and strengthening their profile within the euro so just at that moment standard and poor's downgraded greece to junk bond status and that triggered the explosion of interest rates which makes the euro land dept of the of these countries portugal greece and so forth virtually unplayable so a solution has to be found that deals with that and i think they of course no doubt that they're causing many waves in the financial world these days lie from frank part political analyst and author of william and out my theory thank you. tehran says it's ready to resume international negotiations on its disputed nuclear program the islamic state sees russia for its as key to restarting the talks that's according to the iranian foreign minister on a visit to moscow throngs currently under four sets of u.n. sanctions.
member countries that you council agreed on a rescue action for greece and that was a politically motivated motivated act in my view driven by the fear that the dollar was about to go into freefall the chinese were talking about the. disinvesting from dollar assets u.s. treasuries and so forth and strengthening their profile within the euro so just at that moment standard and poor's downgraded greece to junk bond status and that triggered the explosion of interest rates which makes the euro...
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bailout of greece requires investors to take a loss on what they hold and one of the lawyers are built an even bigger loss yesterday on borish losses ok well just briefly why the panic that was specially since america finally decided on dealing with its stats really is because greece reuland the scary risk is enormous but what we're really frightened italy's crisis talks with the european union because the eurozone is number three economy or even worse look at the global economic crisis in two thousand and eight in fact there was any time in the euro's history and investors are also clearance of splaying it record numbers and use them to join countries fall that we really are in trouble and it's the investors who make the decisions and one of the world please let me just break your bank a slush has exposure to time your government bit as well lose out of trouble countries like greece are in the fourth school which suggests they just so believe that those countries promises that they can get their house in order or credible. and i thought all those cars on here are too ya business task
bailout of greece requires investors to take a loss on what they hold and one of the lawyers are built an even bigger loss yesterday on borish losses ok well just briefly why the panic that was specially since america finally decided on dealing with its stats really is because greece reuland the scary risk is enormous but what we're really frightened italy's crisis talks with the european union because the eurozone is number three economy or even worse look at the global economic crisis in two...